News

Industry News – December 5th, 2016

FIRST LOOK: ADIDAS GLOBAL FLAGSHIP, NEW YORK CITY – ChainStoreAge
“Athletic giant adidas has opened a giant of a flagship, on the corner of Fifth Avenue and 46th Street in Manhattan. The four-story, 45,000-sq.-ft. store is the brand’s largest location in the world.”

BURBERRY REJECTS TAKEOVER BIDS FROM COACH – TheFashionLaw
“British luxury fashion brand Burberry has rejected multiple takeover offers from U.S. handbag maker Coach, the Financial Times reported on Sunday. The market value of the combined company would have been above $20 billion, according to the Financial Times.”

HERE’S WHY THE MLB DEAL IS HUGE FOR UNDER ARMOUR – Fortune
“Under Armour has confirmed a 10-year uniform partnership with Major League Baseball, the Baltimore-based athletic gear company’s first-ever deal with a major U.S. professional sports league.”